Citadel and ExodusPoint see London macro departures amid industry shakeout

Citadel and ExodusPoint are experiencing significant departures from their London macro trading teams, as reported by Hedgeweek. The departures are attributed to challenging market conditions putting pressure on portfolio managers across the hedge fund industry. At Citadel, senior macro volatility portfolio manager Avi Tullu left in September, and Simon Roach, who had been with the firm for over a decade, departed in October.

Similarly, ExodusPoint has seen turnover, with senior macro analyst Soham Sengupta leaving in October after joining in December 2025. Additionally, foreign exchange trader Rupert Guest, who joined from Barclays in January 2025, and Jim McKeever, who came from Caxton Associates in 2024, have also left the firm. Despite these departures, Citadel continues to recruit across its macro business, recently hiring experienced professionals such as HSBC foreign exchange trader Vineet Mudgil, Emaad Alvi from Tudor Investment Corporation, and Max Dykes from RBC.

The firm has also strengthened its New York rates team with the appointment of Pedro Goldbaum from Deutsche Bank.

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